My Sinchew/ GST

Expedite input tax refund, govt urged

Although some 70,000 traders should have applied to claim back the sales and services tax (SST), so far only 111 traders have filed their applications.


RM6bn collection includes import GST: Chua

The RM6 billion collection announced recently includes import Goods and Services Tax (GST) and thus cannot be seen as the government's revenue, according to the Ministry of Finance.


Ministry can gauge GST collection by August: Chua

The Finance Ministry will be able to gauge the total Goods and Services Tax (GST) collection by August this year, provided businesses file their statements on time, said Deputy Minister Datuk Chua Tee Yong.


Distraction

The squabble between Mahathir and Najib, and between DAP and PAS, has moved the entire nation's focus to politics without realizing that the country's economy is indeed heading south.


Customs to investigate 30,000 companies evading income tax

Customs GST director Datuk Subramaniam Tholasy said that more than 30,000 GST-registered companies have never filed or paid income tax.


GST helps country avoid economic crisis: Najib

The fall in oil prices could have sent Malaysia into an economic crisis had the Goods and Services Tax (GST) not been imposed, Datuk Seri Najib Tun Razak said.


Deadline to submit GST assessment statement extended to June 15

The deadline to submit assessment statements for companies that must register for the Goods and Services Tax (GST) has been extended to June 15 without any penalty, Royal Customs Malaysia Director for GST, Datuk Subromaniam Tholasy said.


Fed govt cannot stop state govt from absorbing GST: Chua

The Federal government cannot prevent state governments from absorbing the Goods and Services Tax (GST) for government services but such action should be looked into properly as some services include business-related services.


Restaurant asked to explain RM50 charge for 2 jugs of sugarcane juice

A restaurant is required by enforcement officers from the Domestic Trade, Cooperatives and Consumerism Ministry ( KPDNKK) to explain for charging RM50 for two jugs of sugarcane juice, after a complaint was lodged with the Ministry.


RM2.58bn in GST collected from imports

The Royal Malaysian Customs Department has collected RM2.58 billion as Goods and Services Tax (GST) from imports since implementation of the new tax system on April 1.


 

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